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El Salvador halts public-fund Bitcoin purchases and transfers Chivo Wallet control to a private operator under an IMF agreement

President Nayib Bukele has reportedly stopped acquiring Bitcoin with public funds and transferred control of the Chivo Wallet to a private operator to comply with a $1.4 billion IMF agreement.

By DoomRadar · Published on DoomRadar .

Why it matters

The move signals a significant change in El Salvador’s state-backed cryptocurrency policy and may affect public finances and confidence in its Bitcoin strategy.

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  1. Bukele frena la compra de bitcoin con recursos públicos y entrega el control de Chivo Wallet a un operador privado para cumplir el acuerdo con el FMI por 1,400 millones de dólares ↗elimparcial.com · Recorded source date: Sep 6, 2026, 12:46 AM UTC
  2. Après avoir fait pression sur le Salvador pour qu'il abandonne le bitcoin comme monnaie légale, le FMI va débloquer un prêt de 140 millions de dollars pour le petit pays d'Amérique centrale ↗bfmtv.com · Recorded source date: Sep 6, 2026, 4:46 AM UTC

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EARLIER READING

IMF says El Salvador used private donations to add Bitcoin

The IMF reportedly said El Salvador used private donations to increase its Bitcoin holdings. The report concerns the financial management of the country's cryptocurrency policy.

Related details in the reporting

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